I agree with Mish's explanation on silver (gold) drop:
- Fed did far less than expected
- Mutual fund redemptions
- Margin calls at hedge funds
- China growth story fading

+ higher margin requirements on PM

Cypherdoc "won" a battle, we'll see about winning the war. I am certain the option LET BANKS FAIL is not acceptable to either politicians or bankers, so money printing will have to resume eventually. There is just no other way.

Big day tomorrow...

P.S.: Cypher, what's up with all those personal attacks on miscreanity